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Caterpillar to invest more than R1bn in Southern Africa in next decade

US construction vehicle maker Caterpillar will spend R1.3bn over the next 10 years on South African enterprise and supplier development...

By Mark Allix 6 Oct 2017

Kenya, Tanzania decorative paints, coatings market set for high growth

The combined Kenyan and Tanzanian decorative paints and coatings market is expected to achieve a CAGR of 6.7% up by 2020...

21 Apr 2017

Kansai Plascon Africa Limited acquires Sadolin Paints

Kansai Plascon Africa Limited (KPAL), a subsidiary of Kansai Paint, recently announced the acquisition of 100% of Sadolin Paints' operations in Kenya, Uganda, Tanzania, Zanzibar and Burundi...

9 Feb 2017

PPC increases stake in Ethiopian-based cement company to 51%

PPC (PPC) on Wednesday, 5 November, announced that it had successfully acquired the Industrial Development Corporation's 20% stake in Ethiopian-based Habesha Cement Share Company (HCSCo) for a purchase consideration of $13m.

10 Nov 2014

PPC looks to seal big Africa deals

PPC's chief executive, Ketso Gordhan says the group is looking at concluding one or two big deals in Africa in a bid to double earnings by 2018.

By Nick Hedley 25 Feb 2014

Barloworld plans Africa expansion

Barloworld is targeting six sectors to boost the growth of its business and is busy positioning itself "o expand into west and east Africa‚ according to company chief executive Clive Thomson.

By Nick Hedley 20 Nov 2013

Massmart profits fall with consumers under pressure

Walmart-owned Massmart on Thursday (22 August) reported a 9.9% fall in first-half profits‚ as consumers in Africa's largest economy came under pressure.

By Zeenat Moorad 22 Aug 2013

Second Builders Warehouse for Botswana

Massmart has opened its second Builders Warehouse store in Botswana‚ in line with its African expansion strategy‚ the company said on Monday (29 July).

By Zeenat Moorad 30 Jul 2013